Black Dragon Resource Companies Inc (BDGR)

[snowcrow]

"a company can make $500k EBIT or EBITDA profit and than end up with a nice loss on the bottom line."

Millionair, whatever are you saying? What does EBITDA mean? Hu? This is basic accounting stuff! It means earnings before interest, taxes, depreciation, etc. The "E" stands for EARNINGS. Not Profit!

Companies all the time issue press releases annouincing increased EBITDA. That is a fair thing to do. It's an important measure. But I've never seen a company issue a quarterly report and call an increase in EBITA an increase in PROFIT.

God, please stop with the justifications for this endlessly lying company!!!